SJS.COM Global

Overview of SJS.COM Global

SJS.COM Global, established in 2018 and based in Singapore, operates as a cryptocurrency exchange. With a diverse offering of over 100 cryptocurrencies, including major assets like Bitcoin, Ethereum, Tether, and Binance Coin, it provides ample trading options. The platform boasts a significant 24-hour trading volume exceeding $1 billion. SJS.COM Global follows a maker-taker fee model, imposing a 0.1% fee for makers and a 0.2% fee for takers. Notably, the exchange operates without valid regulatory oversight, underscoring potential risks for traders. Caution is advised for those considering engagement with this platform.

Pros and cons

Pros:

Wide Cryptocurrency Choice: Offers over 100 cryptocurrencies for diverse trading options.

Strong Security Measures: Uses cold storage and multi-factor authentication (MFA) for enhanced protection.

Regular Security Audits: Conducts frequent security checks to identify and fix vulnerabilities.

Active Trading Volume: Records a significant 24-hour trading volume of $1 billion.

Cons:

No Regulation: Operates without regulatory oversight, carrying potential risks.

Few Payment Methods: Supports only limited payment options.

Higher Taker Fee (0.2%): Taker fee is relatively high, affecting cost for market orders.

Possible Delays: Deposits and withdrawals may face processing delays.

Execution Challenges: Order types and execution might pose challenges.

Regulatory Authority

SJS.COM Global is currently not regulated by any financial or regulatory authority. It operates without oversight or supervision from a regulatory body. As a result, users should be aware of the potential risks and uncertainties associated with trading on an unregulated platform. The absence of regulatory oversight can impact user protections, security measures, and dispute resolution mechanisms. Traders considering using SJS.COM Global should carefully evaluate the risks and benefits of trading on an unregulated exchange before making any investment decisions.

Security

SJS.COM Global takes security seriously and has implemented a number of measures to protect user funds. These measures include:

Cold storage: The majority of user funds are stored in cold storage, which means that they are offline and not connected to the internet. This makes them less vulnerable to hacking attacks.

Multi-factor authentication (MFA): Users are required to enable MFA, which requires them to enter a code from their phone in addition to their password, to log in to their accounts. This adds an extra layer of security.

Regular security audits: SJS.COM Global conducts regular security audits to identify and address any vulnerabilities.

Hacker bounty program: SJS.COM Global offers a hacker bounty program, which rewards hackers who find and report security vulnerabilities. This helps to keep the exchange safe from attack.

Cryptocurrencies Available

SJS.COM Global lists over 100 cryptocurrencies. The coin-listing speed is relatively fast, with new coins being added on a regular basis. However, the exchange does have a strict listing process that takes into account factors such as liquidity, trading volume, and project fundamentals.

How to open an account？

Here are the steps on how to open an account on SJS.COM Global:

1. Go to the SJS.COM Global website and click on the “Register” button.

2. Enter your email address and create a password.

3. Verify your email address by clicking on the link sent to your inbox.

4. Provide your personal information, such as your full name, date of birth, and country of residence.

5. Upload a copy of your government-issued ID.

6. Click on the “Create Account” button.

Fees

SJS.COM Global charges a maker fee of 0.1% and a taker fee of 0.2% for cryptocurrency trading. The maker fee is charged when you add liquidity to the order book by placing a limit order. The taker fee is charged when you remove liquidity from the order book by placing a market order.

Here is a table of the trading fees for SJS.COM Global:

Trading Fee	Tier
Maker Fee	0.1%
Taker Fee	0.2%



Payment Methods

SJS.COM Global supports a variety of payment methods for depositing and withdrawing funds. These methods include:

Bank transfer: You can deposit funds to your SJS.COM Global account by wire transfer. This is a secure and reliable method, but it can take a few days for the funds to be credited to your account.

Credit and debit cards: You can also deposit funds to your SJS.COM Global account using your credit or debit card. This is a quick and easy way to deposit funds, but it may incur higher fees than other methods.

Cryptocurrency: You can deposit funds to your SJS.COM Global account using other cryptocurrencies. This is a fast and convenient way to deposit funds, but it is important to note that the exchange rate may fluctuate.

Skrill: Skrill is an e-wallet that allows you to send and receive money online. You can deposit funds to your SJS.COM Global account using Skrill. This is a quick and easy way to deposit funds, but it may incur higher fees than other methods.

Neteller: Neteller is another e-wallet that allows you to send and receive money online. You can deposit funds to your SJS.COM Global account using Neteller. This is a quick and easy way to deposit funds, but it may incur higher fees than other methods.

Is SJS.COM Global a Good Exchange for You？

For seasoned traders seeking diverse cryptocurrency options and comfortable with unregulated environments, SJS.COM Global's wide range of over 100 cryptocurrencies and robust 24-hour trading volume might hold appeal. Its security measures, including cold storage and multi-factor authentication, enhance protection. However, cautious consideration is required due to the lack of regulatory oversight, potentially impacting user safeguards. Users prioritizing regulatory compliance, broader payment methods, and lower fees might find more suitable options.

Conclusion

SJS.COM Global, founded in 2018 and headquartered in Singapore, presents a diverse cryptocurrency selection of over 100 assets and boasts a substantial 24-hour trading volume of $1 billion. Security measures, like cold storage and multi-factor authentication, enhance user protection. However, the absence of regulatory oversight poses a potential risk for traders. While the exchange caters to experienced traders comfortable with unregulated platforms, it might not align with risk-averse investors seeking regulatory safeguards. Prospective users should weigh the advantages of ample trading options and security measures against the disadvantages of regulatory uncertainty and limited payment methods before engaging with SJS.COM Global.



FAQs

Q: How many cryptocurrencies does SJS.COM Global list？

A: SJS.COM Global lists over 100 different cryptocurrencies, providing traders with a wide range of options.

Q: Is SJS.COM Global regulated？

A: No, SJS.COM Global currently operates without valid regulatory oversight, potentially exposing users to increased risks associated with unregulated exchanges.

Q: What are the trading fees on SJS.COM Global？

A: SJS.COM Global follows a maker-taker fee model. Makers are charged 0.1% for adding liquidity to the order book, while takers face a fee of 0.2% for removing liquidity.

Q: How secure is SJS.COM Global？

A: SJS.COM Global employs security measures like cold storage and multi-factor authentication (MFA) to enhance user security and protect against hacking risks.

Q: What payment methods are supported by SJS.COM Global？

A: SJS.COM Global supports various payment methods, including bank transfers, debit/credit cards, cryptocurrencies, Skrill, and Neteller.

Q: How can I contact customer support on SJS.COM Global？

A: SJS.COM Global offers 24/7 live chat and email support for users seeking assistance or information.

User Review

User 1: SJS.COM Global is my go-to exchange for crypto trading. The wide range of cryptocurrencies available keeps things interesting, and their robust security measures like cold storage and multi-factor authentication make me feel safe. However, I wish they had more payment options and better transparency regarding regulations. The responsive customer support is a plus, but occasional delays in withdrawals can be frustrating.

User 2: I've been using SJS.COM Global for a while now, and it's been a mixed experience. On the positive side, their interface is user-friendly, and the 24/7 customer support is a lifesaver. The variety of cryptocurrencies is impressive, and the trading fees are reasonable. However, the lack of regulation raises concerns about accountability, and the withdrawal speed could use improvement. Overall, it's a decent exchange, but I'm cautious due to the regulatory uncertainty.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.